PETALING JAYA: The hike in taxes, fees and levies on the gaming industry, particularly the increase in casino duties of up to 35%, is credit negative for Genting Bhd , said Moody’s Investors Service. The increase in duties, which was announced in Budget 2019, would erode Genting’s earnings contribution from its Malaysian leisure and hospitality segment, consequently weakening the group’s leverage, it […]
Read MoreThe Hanoitimes – With the high growth potential, coworking space is promising to bring tremendous utility not only for the users but also a ‘piece of cake’ which is attractive for both foreign and domestic investors. Major international coworking space players have entered Vietnam’s market, which has developed strongly over the past year driven by the […]
Read MoreEyeing to develop and commercialise the largely unexplored bamboo market, Malaysia-based Global Innovation & Entrepreneurship Foundation (GIEF) yesterday signed a memorandum of understanding on cooperation with the Cambodian Ministry of Agriculture. Agriculture Minister Veng Sakhon said the agreement represents an achievement by the ministry in attracting foreign investment in the agriculture sector. “Bamboo has the […]
Read MoreA whole-of-government approach, with the participation of the private sector, is the way to get the Philippines ready for the coming ‘digital tsunami’ that will transform our lives. That is the major conclusion of the conference on digital future organized by the Carlos P. Romulo Foundation which was held on Wednesday. Two hundred participants and 30 speakers […]
Read MoreECONOMIC growth will decelerate across advanced and emerging market economies, according to Moody’s research released yesterday. In the US, the ongoing removal of monetary accommodation, waning fiscal stimulus, and restrictive trade policies will start weighing on financial markets and economic activity, the company said. Other advanced economies will also see cyclical moderation towards trend growth. […]
Read MorePETALING JAYA: The Overnight Policy Rate (OPR) has been maintained at 3.25%, with economists expecting the rate to be left unchanged through the first half of 2019. The last change in the OPR was in January this year, when the interest rate was raised by 25 basis points (bps). Bank Negara said in a statement […]
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Thailand
